90th General Assembly
Summary of SB0081
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Short description: 
PROP TX-ADJUSTMENTS-TECHNICAL                                              

Synopsis of Bill as introduced:
        Amends the Property Tax Code. Makes a  technical  change  in  the      
   Section concerning adjustments to the prior year's assessments.             
        SENATE AMENDMENT NO. 1.                                                
          Deletes reference to:                                                
          35 ILCS 200/16-15                                                    
          Adds reference to:                                                   
          35 ILCS 200/18-185                                                   
        Deletes everything.  Amends the Property Tax Extension Limitation      
   Law in the  Property  Tax  Code.   In  the  definition  of  "aggregate      
   extension"  for  taxing  districts  that  were  not subject to the Law      
   before the 1995 levy year (except those taxing  districts  subject  to      
   the Law by referendum) excludes extensions made to fund the district's      
   expenses  to  provide  recreational programs for the handicapped under      
   the Park District Code.  Effective immediately.                             
Last action on Bill: SESSION SINE DIE

   Last action date: 99-01-12

           Location: Senate

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   1


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